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605Page 1 of 2 15 July 2001Form 605 Corporations Act 2001 Section 671BNotice of ceasing to be a substantial holder To Company Name/SchemePolynovo Limited ACN/ARSN083 866 8621. Details of substantial
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01
Obtain the necessary forms for notifying the relevant authorities about the change in substantial holding.
02
Provide accurate information about the current substantial holding before the change.
03
Fill out the forms with the details of the new substantial holding after the change.
04
Sign and submit the completed forms to the appropriate regulatory bodies within the specified time frame.
05
Keep a record of the submission for future reference.

Who needs change in substantial holding?

01
Investors who hold a substantial amount of shares or voting rights in a company.
02
Regulatory bodies and authorities overseeing securities and investments.
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Change in substantial holding refers to any increase or decrease in the percentage of shares held by a substantial shareholder in a company.
Any substantial shareholder who holds more than a certain percentage of shares in a company is required to file a change in substantial holding.
The change in substantial holding form must be completed with details of the shareholder, the company, and the percentage of shares held before and after the change.
The purpose of change in substantial holding is to provide transparency and ensure that any significant changes in share ownership are disclosed to the relevant authorities and the public.
Information such as the shareholder's name, the company's name, the number of shares held, and the percentage of shares owned must be reported on the change in substantial holding form.
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